Gabriel Wants to Exempt Coal Mines from Surcharge Rebates

Says the Sueddeutsche Zeitung. Thanks to Heiko Stubner for the link. According to the article, he has sent a letter to Michael Fuchs from the CDU. His reason is that it doesn’t make much sense to make coal cheaper when you have to worry about global warming.

He is right. And there is another reason for this.

As I said about two weeks ago, there is no way anyone can close their coal mine in Germany and take it to China. The carbon leakage that is supposed to be prevented by these rebates is not possible in the first place in the mining sector.

Published by kflenz

Professor at Aoyama Gakuin University, Tokyo. Author of Lenz Blog (since 2003, lenzblog.com).

One thought on “Gabriel Wants to Exempt Coal Mines from Surcharge Rebates

  1. So not only does this reduce the EEG surcharge by spreading it over a wider base, it will also push up the wholesale electricity price causing the EEG surcharge to drop further.

    Like

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